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NEXIM to increase support for non-oil sector

22 January 2014, 20:09

Abuja - The Managing Director, Nigeria Export Import Bank (NEXIM), Roberts Orya, has assured that the bank would continue to support the non-oil sector to help boost the country’s economy.

Orya disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja.

“We have four sectors that we are focusing on and these are the four sectors that are basically the non-oil sector.

“We are giving money to manufacturers, agriculture, especially the agro-processing, mining and the services industry.

“What we basically do and believe as a development financial institution is that when we intervene in some of these projects, we are basically creating jobs," he said.

According to him, the focus of the bank is to ensure that every intervention given will bring some developmental impact in the country.

This, he said, would also help in job creation which is the major focus of the Federal Government.

On the 2014 budget, he commended the process and call on Nigerians to support government effort to ensure full implementation.

"I think it is a very good budget even though it is very tight, but I think there is a lot of transparency, a lot of prudence and the trust of the budget is job creation and inclusive growth.

"And you know that a lot of youths are unemployed. So, if we have a budget that principally targeted at creating jobs for the youth, then I think it is a very good budget,’’ he said.

-    NAN


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